Central India Industries Limited, Ashok Investment Corporation Ltd, Shekhavati Investments and Traders Ltd, Gwalior Finance Corporation Limited has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisition made in reliance upon exemption provided for in regulation 10 of SEBI (SAST) Regulations, 2011.
BIRLANU · price
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Four promoter group entities of BirlaNu Limited — Central India Industries, Ashok Investment Corporation, Shekhavati Investments & Traders, and Gwalior Finance Corporation — together acquired 9,06,360 equity shares (12.02% of the company) from Orient Paper and Industries Limited on 29 May 2025 at INR 2,320.20 per share. The largest buyers were Central India Industries (3,32,000 shares) and Shekhavati Investments (3,32,000 shares), while Ashok Investment bought 44,000 shares and Gwalior Finance bought 1,98,360 shares. This was an internal restructuring among promoter group members, filed under Regulation 10(6) of the SEBI Takeover Regulations, and the total promoter group shareholding remains unchanged at 40.57% before and after the transaction.
Since this is purely an internal reshuffle within the promoter group, the overall promoter ownership in BirlaNu does not change and there is no direct impact on minority shareholders or stock price. Orient Paper and Industries has fully exited its 12.02% stake in BirlaNu, with that stake now redistributed among other promoter entities.